Pool And Spa Contractor For Sale

Business description

Real Estate: $195,000
Gross: $1,395,000
Cash Flow: $150,000

Summary Description
This profitable business is a specialist in swimming pool and spa sales and service. The company features two major lines of aboveground pools, one line of inground pools, and two lines of hot tubs and spas. It sells gazebos, sunrooms, pool and spa accessories, chemicals, cleaning and balancing agents. It offers pool liner installation, as well as repairs of pools, spas, pumps and filters. The business employs 6 full-time and 2 part-time workers year-round and more during its prime season. This is a well-organized and well-established business that is an ideal acquisition for an individual or a company with synergistic potential.

Financing:
Seller $245,000 on the Business
Anticipated Bank $155,000 on the Real Estate
Working Capital Needed $100,000

Property information

Real Estate:

Real Property Included

Location:

The real estate offered for sale includes a 1,440 SF retail/office building with an easy-access, full basement. The 1,440 SF basement houses the repair shop and storage facilities. The 20,000 SF lot has ample parking and outdoor storage space.

Other information

Expansion potential:

Advances in acrylics and electronics, as well as population demographic changes, are rapidly expanding the spa and pool markets. This growth creates a tremendous after-market for accessories and maintenance. Business is growing rapidly under very tired ownership. It is ripe for a new owner to take over and run with it. There is solid growth potential in both the market area and in product expansion. The real estate, which is attractive and centrally located, is also a good long-term investment.

Competition / Market:

Competition: This business serves a unique, diverse and geographically protected market with little major competition. Its market includes both urban and rural customers. Nearly all competitors are smaller shops. All larger shops are outside of area. The business has a long-standing reputation for excellence under the same ownership.

Support & training:

The seller will provide transition training for a new owner.

Reasons for selling:

Seller is retiring after several decades in the business.

Financing available:

Seller $245,000. Bank $155,000. Working Capital Needed $100,000. Down $155,000 on Bus plus $40,000 on R.E.

Furniture / Fixtures value:

$50,000

Inventory / Stock value:

$160,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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